Cymat Technologies (CVE:CYM) Hits New 52-Week Low – Time to Sell?

Cymat Technologies Ltd. (CVE:CYM)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.11, with a volume of 28000 shares changing hands. The stock had previously closed at C$0.11.

Cymat Technologies Trading Down 9.1 %

The business has a 50 day simple moving average of C$0.11 and a 200-day simple moving average of C$0.14. The stock has a market capitalization of C$6.57 million, a price-to-earnings ratio of -1.83 and a beta of 0.75. The company has a current ratio of 0.21, a quick ratio of 1.58 and a debt-to-equity ratio of 901.89.

Cymat Technologies (CVE:CYM) last announced its quarterly earnings results on Friday, September 27th. The company reported C($0.01) earnings per share for the quarter. Cymat Technologies had a negative net margin of 143.03% and a negative return on equity of 3,950.54%. The company had revenue of C$1.99 million during the quarter.

Cymat Technologies Company Profile

Cymat Technologies Ltd., a materials technology company, manufactures and sells stabilized aluminum foam (SAF) products worldwide. Its SAF products for use in architectural, blast mitigation, and energy absorption applications. The company also provides architectural materials under the Alusion brand name; and energy management and engineering-focused products under the SmartMetal brand name.